507 Main St

Tower, MN 55790

$159,000
Price
3
Beds
1
Bath
1,512 Sq. Ft.
$105 / Sq. Ft.
1,512
Sq. Ft.
$105
per Sq. Ft.
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Description

Located in a prime downtown location just off the main street/hwy with high traffic flow & excellent visibility, this unique residential/commercial property offers a fantastic opportunity for a business with the added benefit of residential living quarters above. The upper level provides private living quarters w/3 BRs, 1 bath, a kitchenette and an upper rear-facing deck. The spacious office area on the main floor is perfect for a variety of businesses, whether you're looking to set up an office,...Located in a prime downtown location just off the main street/hwy with high traffic flow & excellent visibility, this unique residential/commercial property offers a fantastic opportunity for a business with the added benefit of residential living quarters above. The upper level provides private living quarters w/3 BRs, 1 bath, a kitchenette and an upper rear-facing deck. The spacious office area on the main floor is perfect for a variety of businesses, whether you're looking to set up an office, retail space, or professional services. Large windows allow for excellent visibility & natural light, while the open floor plan offers flexibility to customize the space to suit your specific needs. AND THE Bonus is a 2-stall heated garage! With its unbeatable location near beautiful Lake Vermilion, this property offers access to the surrounding community & outdoor activities.
  1. Listed by Sherry Zupancich Anderson • Vermilion Land Office Inc
    P: (218)-780-1071 Sherry@vermilionland.com

Property Details for 507 Main Street

Architectural Style
1 1/2 Story
LISTING UPDATED: 05/05/2026 11:54 AM

Property Details for 507 Main Street

StatusActive
MLS #148672
Days on Compass340
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1925
Lot Size0.11 AC / 4,791 SF
CountySt. Louis County
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Location

Listing Courtesy of Vermilion Land Office Inc
Add your commute

Building Information for 507 Main Street

Stories2Year Built1925Building Size-Lot Size0.11 AC / 4,791 SF

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$921 per month

30 year fixed, 6.36% Interest

Principal and Interest

$792

Property Taxes

$129

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 507 Main Street

Summary
Location and General Information
  • Latitude: 47.80557799
  • Longitude: -92.27536002
  • Township: 62
Taxes and HOA
  • Parcel Number: 080-0010-02325
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
Property
Lot Information
  • Lot Size Acres: 0.11
Property and Assessments
  • Documents Available: Disclosure, Lead Base Paint
  • Living Area: 1512.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1925
Building Features
  • Construction Materials: Frame, Vinyl Siding, Wood Siding
Utilities
  • Property Power Amperage: 100
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Deck
  • Roof: Asphalt, Shingle
  • Stories: 2
  • Total Stories: 2
Interior Features
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater
  • Basement: Full
  • Has Basement: Yes
  • Total Bedrooms: 3
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Oil
  • Has Heating: Yes
  • Laundry Features: Electric Dryer Hookup
  • Water Heater: Electric

Property History for 507 Main Street

DateEvent & SourcePriceAppreciation
Jul 7, 2025

Listed (Active)

Range Association of REALTORS #148672

$159,000—
Apr 28, 2021

Off Market

NorthStar #5635400

—
Mar 9, 2021

Off Market

Range Association of REALTORS #139887

$95,000—
DateEvent & SourcePrice
07/07/2025

Listed (Active)

Range Association of REALTORS #148672

$159,000
04/28/2021

Off Market

NorthStar #5635400

—
03/09/2021

Off Market

Range Association of REALTORS #139887

$95,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 507 Main Street

Taxable ValueLand$4,600Additions$53,000Total$57,600
Tax Record2025$1,546 ($129 / month)
Home Facts
Total Finished SqFt1,512 SqFtAbove Grade Finished SqFt1,512 SqFtStories2StyleMiscellaneous CommercialCountyST. LOUISAPN080-0010-02325Fireplace TypeHas Fireplace

Schools near 507 Main Street

This home is within St. Louis County School District.
Rating
School
Type
Grades
Distance
Tower-Soudan Elementary School
Public - PK to 6
Northeast Range Secondary
Public - 7 to 12
North Woods Secondary
Public - 7 to 12
Cherry Elementary School
Public - PK to 6
Rating
School
Distance
Tower-Soudan Elementary School
PublicPK to 6

Northeast Range Secondary
Public7 to 12

North Woods Secondary
Public7 to 12

Cherry Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 507 Main Street, Tower, MN 55790

507 Main Street is a single family home for sale in Tower, MN 55790. This property was listed for sale on July 7, 2025 by Vermilion Land Office Inc, it's currently listed at $159,000. It has been on the market for a total of 340 days and was last sold on July 31, 2020. This listing's school district is St. Louis County School District. Nearby schools include Tower-Soudan Elementary School, Northeast Range Secondary and North Woods Secondary. 507 Main Street is a 3-bed, 1-bath, 1,512 sqft single family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vermilion Land Office Inc

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the RAOR - Range Association of REALTORS®. Real estate listings held by brokerage firms other than Compass and its related brokerages are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Compass and its related brokerages is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Compass and its related brokerages, a broker Participant of the RAOR - Range Association of REALTORS®. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.